Calls growing for GM chief to resign

Lawmakers and White House believe changes in leadership are in order for industry

Former GM CEO Rick Wagoner
Former GM CEO Rick Wagoner

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Comments (7)

 gmfan09 gmfan09
Although I do not believe the trouble GM is the result of Rick Wagoner (at all). I do think that changing upper level management and execs would go a long was in the way people think about this bailout. I believe they will be much more excepting to it and be much more willing to buy their cars in the future because GM will be seen as new and fresh with a new agenda. Getting rid of him is clearly sacrificial lamb type of move but It will probably be a move to better GM in the unknowing public's eye.
December 9, 2008 9:42 pm
 AmazingJerry AmazingJerry
I agree. Its like a rebranding of the corporate face of GM, regardless if Wagoner deserves it or not.
December 10, 2008 5:54 am
 edjimmy edjimmy
He has been in charge for 8 years. If GM was doing well, he would get the credit, so conversely, he has to own his share of the blame. And as the leader, that share is pretty big.
December 16, 2008 12:05 am
 car-o-bar car-o-bar
Cut losses, let him go, but not before he coughs back billions he made during his tenure.
December 10, 2008 12:10 am
 hofmeyer hofmeyer
Fire half the bean counters and use the money saved to hire some designers. Cut Wagoner's salary if you have to. Hell, just cut it since he makes too much and base his new salary on the profit GM makes.
December 10, 2008 3:18 am
 hata0101 hata0101
eliminate the UAW is definitely one of the way to turn things around! this is the BEST time to do it...
December 10, 2008 7:47 pm
 edjimmy edjimmy
Amen!!!
December 16, 2008 12:02 am